Tokyo inflation likely to miss BOJ target for first time in five months: Reuters poll

Inflatie

TOKYO : Consumer inflation in Tokyo for October likely undershot the central bank's price target for the first time in five months, a Reuters poll showed on Friday. The core consumer price index (CPI) in Tokyo, a leading indicator of nationwide price trends, was expected to have risen 1.7 per cent from a year earlier, the median forecast of 18 economists showed. That would follow a 2.0 per cent rise in September and mark the first time the data misses the Bank of Japan's (BOJ) 2 per cent target

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